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Is Blockbuster a Monopoly, Oligopoly, Monopolistic Competition, or Perfect Competition?
4 Answers
- 1 decade agoFavorite Answer
i would say they are a monopolistic competition because they are competing against netflicks and famliy video.
- 1 decade ago
i would say an oligopoly as there are other video markets out there besides blockbuster. They are def. not a monopoly and do not have the characteristics of perfect competition because they can control how much they sell their movies and games
- Anonymous1 decade ago
They certainly occupy the most real estate not unlike a Wall mart or anything that you see repeatedly while driving along America's freeways. We are becoming a nation of almost suicidal verisimilitude, every corner that you turn there is yet more of the same- this is a tool of regimentation, a denial of individuality, a subservience to an oligarchical, corporate culture which seeks only to reduce the common man to a mindless slave- Oh, brave new world.
- Anonymous1 decade ago
I would argue that it used to be part of an Oligopoly, but now its in Perfect Competition because of all of the possible competitors, including NetFlix, Apple, etc, etc